Shopify made approximately 657 million U.S. dollars in net income during the fourth quarter of 2023. The company generated a positive net income until the third quarter of 2021 then the negative trend started. According to information disclosed by the company, the net loss registered at the beginning of 2022 was due to significant equity investments.
Net income/loss of Shopify worldwide quarterly from 2020 to 2023 (in million U.S. dollars)
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Shopify. (February 13, 2024). Net income/loss of Shopify worldwide quarterly from 2020 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 23, 2024, from https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify. "Net income/loss of Shopify worldwide quarterly from 2020 to 2023 (in million U.S. dollars)." Chart. February 13, 2024. Statista. Accessed May 23, 2024. https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify. (2024). Net income/loss of Shopify worldwide quarterly from 2020 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 23, 2024. https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify. "Net Income/Loss of Shopify Worldwide Quarterly from 2020 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/
Shopify, Net income/loss of Shopify worldwide quarterly from 2020 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/ (last visited May 23, 2024)
Net income/loss of Shopify worldwide quarterly from 2020 to 2023 (in million U.S. dollars) [Graph], Shopify, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1324797/quarterly-net-loss-expense-shopify-worldwide/